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A standstill agreement may be used as a form of defence to a hostile takeover, when a target company acquires a promise from an unfriendly bidder to limit the amount of stock that the bidder buys or holds in the target company. By obtaining the promise from the prospective acquirer, the target company gains more time to build up other takeover ...
The first was the Standstill Agreement, which confirmed the continuance of the pre-existing agreements and administrative practices. The second was the Instrument of Accession , by which the ruler of the princely state in question agreed to the accession of his kingdom to independent India, granting the latter control over specified subject ...
The standstill agreement was separate from the Instrument of Accession, later formulated by the States Department of the future dominion of India, which was a legal document that involved a surrender of sovereignty to the extent specified in the Instrument. [1] [a] Both the draft agreements were presented to the Chamber of Princes on 25 July. A ...
One major exception was Hyderabad, where Osman Ali Khan, Asaf Jah VII, a Muslim ruler who presided over a largely Hindu population, chose independence and hoped to maintain this with the help of Razakars and entered into a standstill agreement with India on 29 November 1947 to maintain the status quo. [10]
Islamic Republic of Pakistan's founder Mohammad Ali Jinnah stated that the accession was "fraudulent", and that the Maharaja "betrayed" trust by acceding to India at a time when a standstill agreement signed as per his personal request to the Maharaja was still in force. [6] [a]
According to this agreement, India would handle Hyderabad's foreign affairs, but Indian Army troops stationed in Secunderabad would be removed. [3] In Hyderabad city there was a huge demonstration by Razakars led by Syed Qasim Razvi in October 1947, against the administration's decision to sign the Standstill Agreement.
In 1954, just weeks after the Castle Bravo test, Indian Prime Minister Jawaharlal Nehru made the first public call for a "standstill agreement" on nuclear testing. Nehru viewed a testing moratorium as a crucial first step toward broader and more comprehensive arms control agreements, reflecting his commitment to nuclear disarmament and global ...
After the Partition of India, Hyderabad signed a standstill agreement with the new dominion of India, continuing all previous arrangements except for the stationing of Indian troops in the state. Hyderabad's location in the middle of the Indian Union, as well as its diverse cultural heritage led to India's annexation of the state in 1948. [ 12 ]
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